European Investment Fund supports the financing of sustainable maritime infrastructure
![Aerial view of the Adriatic Sea, next to Brač Island, Croatia ©European Union](https://ec.europa.eu/newsroom/repository/picture/2022-20/photonews5258_n4NobfUMaCCcjXWVpwZi7E9Y9Y_96009.jpg)
date: 19/05/2022
The Sustainable Maritime Infrastructure Fund aims to support the global maritime industry's transition to a carbon-neutral economy by 2050. This is in line with the European Green Deal's goal of net zero greenhouse gas emissions by 2050. With a total of 200 million euros raised, the fund has already reached more than half of the targeted volume to date. The total investment will help finance three main assets: ships equipped with environmentally friendly technologies that use more efficient or alternative fuels, innovative port equipment and infrastructure aimed at fostering the ecological transition, as well as assets that support the development of renewable energy at sea. So far, the Investment Plan for Europe has mobilized €546.5 billion of investment, benefiting more than 1.4 million small and medium-sized enterprises.